In Problem 13.4 on page 531, the marketing manager used shelf space for pet food to predict

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In Problem 13.4 on page 531, the marketing manager used shelf space for pet food to predict weekly sales. The data are stored in Petfood. From the results of that problem, b1 = 7.4 and Sb1 = 1.59.
a. At the 0.05 level of significance, is there evidence of a linear relationship between shelf space and sales?
b. Construct a 95% confidence interval estimate of the population slope, β1.
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Basic Business Statistics Concepts And Applications

ISBN: 9780132168380

12th Edition

Authors: Mark L. Berenson, David M. Levine, Timothy C. Krehbiel

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